Eva Medtec, Inc
View this filing on EDGAR (filing index, accession 0001648927-24-000003) | All Form C filings by this company on EDGAR
Filing details
| Company | Eva Medtec, Inc | (Form C, issuer information) |
|---|---|---|
| State | MN | (Form C, issuer information) |
| Platform | ANDES CAPITAL GROUP, LLC | (Form C, issuer information) |
| Filing date | 2024-11-20 | (EDGAR filing index) |
| Date of incorporation | 2016-07-07 | (Form C, issuer information) |
| Employees | 4 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $3 | (Form C, offering information) |
| Target amount | $618,000 | (Form C, offering information) |
| Maximum ask | $618,000 | (Form C, offering information) |
| Offering deadline | 2025-11-19 | (Form C, offering information) |
| Platform compensation | At the conclusion of the Offering, the Issuer shall pay a fee of three percent (3%) of the amount raised in the Offering to the Intermediary. | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $70,302 | $54,140 | (Form C, financial summary) |
| Cost of goods sold | $28,087 | $17,807 | (Form C, financial summary) |
| Net income | -$270,829 | -$268,450 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $6,623 | $41,261 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $322,844 | $452,911 | (Form C, financial summary) |
| Short-term debt | $157,887 | $156,383 | (Form C, financial summary) |
| Long-term debt | $162,459 | $122,000 | (Form C, financial summary) |
Mechanical checks that fired
- Going-concern language. Going-concern language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The quoted sentence is below. Read the auditor or accountant notes in the filing for the full context. Found in: 0001648927-24-000003.
"GOING CONCERN The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business."
"GOING CONCERN The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business."
- Related-party language. Related-party language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The phrase can describe routine or unusual arrangements, so read the quoted sentence and the filing. Found in: 0001648927-24-000003.
"RELATED PARTY In 2022, the Company issued four promissory notes totaling $32,000 to its shareholders, Irene and Robert Waldridge."
- Net loss in both years. Net income is negative in both fiscal years reported in the Form C financial summary.
- Cash below one year of losses. Net loss for the most recent fiscal year is larger than year-end cash, both as reported in the Form C financial summary.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
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